Question $1$

$25$ Marks

I.

Describe the $(3)$ major characteristics of money that cryptocurrencies possesses. $(6$ marks$)$

II$.$

Blockchain application offers interoperability solution, explain blockchain

interoperability. $(3$ marks$)$

III.

Explain $(5)$ crucial components of blockchain technology. $(10$ marks$)$

IV$.$

Describe $(3)$ rationales why blockchain is an advancement in the existing system of data security and

data transfer. $(6$ marks$)$

Question $2$

$25$ Marks

I.

What are the distinctions between public and a private blockchain. $(5$ marks$)$

II$.$

Identify $(5)$ important advantages of blockchain deployment in supply chain management. $(10$ marks$)$

III.

Identify fields where blockchain may be employed. $(5$ marks$)$

IV$.$

Clarify smart contracts and their application in blockchain. $(5$ marks$)$

Questions $3$

$25$ Marks

I.

Describe the concept of a block and its components. $(5$ Marks$)$

II$.$

Explain a distributed ledger. $(10$ Marks$)$

III.

Discuss the impact that blockchain possibly will have on finance and data management $(10$ Marks$)$

Question $4$

$18$ Marks

I.

Proof of Work consensus protocols have been condemned due to their high and endlessly escalating

mining cost. Examine the impact of mining cost and the tamper resistance attribute of public

blockchains. $(8$ marks$)$

II$.$

Discuss the impact of cryptocurrencies on the economy. $(10$ marks$)$

REFERENCING AND DOCUMENT STRUCTURE: $(7$ marks$)$